Quality control for the plastics industry
Plastic injection molding suffers from defects, labor inefficiencies, and downtime, leading to 30% waste and $120 billion in annual losses. Krevera’s platform automates quality control and process optimization for the plastic injection molding industry by integrating vision, machine, and environmental data.
In the US alone, there are ~30,000 injection molding machines and across the globe over 500,000. Their system reduces labor needs, defect rates, and downtime— delivering an estimated $280K/year in ROI per machine.
The outputs of their detection system can inform technicians and/or automate adjustments to machine operations. Long-term vision is “lights out” manufacturing with the opportunity to expand beyond plastic to metal and glass manufacturing.